FBR Revenue Jumps 40% As Pakistan Sustains Fiscal Discipline
Pakistan records three consecutive years of primary fiscal surpluses as FBR revenue rises 40%, tax to GDP improves and digital reforms reshape tax administration.
Lahore Tax Bar Association To Hold Practical Training Seminar On Online Tax Filing For TY 2026
Lahore Tax Bar Association will hold a practical seminar on online filing of income tax returns for Tax Year 2026 through IRIS, including the Asaan Small Traders Fixed Tax Scheme.
Federal Tax Ombudsman Orders FBR to Fix FASTER Sales Tax Refund System Flaw
The Federal Tax Ombudsman directs the FBR to correct a systemic software glitch in the FASTER sales tax refund system affecting Pakistani exporters.
Finance Minister Reviews FBR National Faceless Centre Operational Readiness
Federal Minister Muhammad Aurangzeb reviews the implementation roadmap, governance framework, and technology development for the FBR National Faceless Centre.
Payroll Disclosure Reveals Multi Million Rupee Salaries of Pakistan Public Sector Executives
Leaked institutional documents reveal the monthly compensation packages of heads of state owned enterprises, investment ventures, and public banks in Pakistan.
FBR Entities PRAL and PSW Identified as Key Sources Behind $11 Billion Trade Data Discrepancy
The Ministry of Commerce and PBS informed the National Assembly Standing Committee on Commerce that PRAL and PSW were responsible for an $11 billion trade data discrepancy. The issue stems from procedural reporting gaps and not financial flows, with steps underway to strengthen coordination and improve data transparency.
Pakistan’s $30 Billion Import Reporting Gap Raises Transparency Concerns in Trade Data
A new report reveals a $30 billion gap between import figures recorded by PSW and SBP over five years, raising serious questions about data accuracy. The IMF has called for transparency, and a government committee is investigating the discrepancies to restore market confidence.
IMF Presses Pakistan for Transparency Over $11 Billion Trade Data Discrepancy
The International Monetary Fund (IMF) has raised concerns over an $11 billion gap in Pakistan’s trade data, urging the government to publicly clarify discrepancies between figures reported by PRAL and PSW, amid growing doubts over the reliability of the country’s external sector statistics.
FBR Expands Digital Invoicing Drive with Targeted Outreach in Quetta
FBR and PRAL continue to advance Pakistan’s digital tax ecosystem by hosting a focused seminar in Quetta, engaging local businesses on digital invoicing adoption and addressing region-specific integration needs.